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ET - Energy Transfer: Why I'm Staying Away
September, 08 2021 07:57 AM
Energy Transfer LP
Leverage is still too high. Distributions cut in half last year never should have been so high. Historical Returns on Invested Capital (ROIC) are low to negative by almost any measure. Returns on Equity (ROE) are quite low unless incorporating massive leverage. For further details see:
Energy Transfer: Why I'm Staying Away
Stock Information
Company Name:
Energy Transfer LP
Stock Symbol:
ET
Market:
NYSE
Website:
energytransfer.com
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